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Power to levy tolls.
Restriction on amount of tolls.
Power to increase the tolls for improvements.
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10. When and so often as any pier, harbour, or quay shall have been constructed, either wholly or in part, under the provisions of the said recited Act or of this Act, or of either of them, it shall and may be lawful for the said commissioners, and they are hereby authorized, to levy or cause to be levied and paid, for the use of such pier, harbour, or quay, such tolls as the Treasury shall from time to time approve of: Provided always, that the amount of such tolls shall not exceed the probable average annual expense of maintaining and repairing such pier, harbour, or quay, and of the contingent expenses to be incurred by the said commissioners in relation thereto, and of the amount of interest at the rate of not less than five pounds per centum per annum on the capital, whether public or private, expended on such work; and provided further, that in case it shall appear to the said commissioners that it would promote the public advantage that a greater amount of tolls should be levied, under the provisions of this Act, for the use of any such pier, harbour, or quay, or that such tolls should be at any time increased with a view of thereby creating a fund for the improvement of such pier, harbour, or quay, it shall be lawful for the said commissioners, and they are hereby authorized, to increase or to lower such tolls to such extent and for such period as the said commissions shall from time to time direct, with the approbation of the Treasury.
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